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RE: Was die Märkte bewegt - News, Infos, Meldungen, Analysen, Kommentare & Interessantes
| 21.11.2022, 17:31
Stocks waver to start holiday-shortened week
Alexandra Semenova·Reporter
Mon, November 21, 2022 at 3:34 PM
https://finance.yahoo.com/news/stock-mar...42321.html
U.S. Stocks Fall as China Covid-19 Cases Rise
Caitlin Ostroff
Mon, November 21, 2022 at 4:25 PM
U.S. stocks opened mixed Monday and Chinese consumer stocks fell as investors worried that a rise in China’s Covid-19 infections would slow reopening and delay a pickup in growth.
The S&P 500 fell 0.2% shortly after the opening bell. The Dow Jones Industrial Average rose 105 points, or 0.3%, and the Nasdaq Composite dropped 0.2%.
Investors had hoped that signs of easing Covid-19 containment measures would allow for China’s economic growth to pick up, also benefiting the global economy. Several Chinese cities had said they would no longer carry out mandatory mass testing and lifted the requirement for residents to show proof of a recent negative test to enter public places.
The rise in Covid-19 infections and the reporting of virus-related deaths for the first time in almost six months have caused investors to worry that China’s normalization could instead be further delayed.
“All eyes are on China,” said Hani Redha, a portfolio manager at PineBridge Investments. “Any attempt to reopen is going to be tricky because we know the pattern with these things: you get a spike in cases. We haven’t even really got going and there are already a lot of cases.”
Restaurant, retailer and Macau casino stocks listed in Hong Kong fell, while liquor makers dragged on the Chinese onshore market. Hot-pot restaurant operator Haidilao International Holding Ltd. and Sands China Ltd. each fell more than 7% in Hong Kong trading. The city’s benchmark Hang Seng Index declined 1.9%. China’s Shanghai Composite edged down 0.4%.............
https://www.wsj.com/articles/global-stoc...eid=yhoof2
Alexandra Semenova·Reporter
Mon, November 21, 2022 at 3:34 PM
https://finance.yahoo.com/news/stock-mar...42321.html
U.S. Stocks Fall as China Covid-19 Cases Rise
Caitlin Ostroff
Mon, November 21, 2022 at 4:25 PM
U.S. stocks opened mixed Monday and Chinese consumer stocks fell as investors worried that a rise in China’s Covid-19 infections would slow reopening and delay a pickup in growth.
The S&P 500 fell 0.2% shortly after the opening bell. The Dow Jones Industrial Average rose 105 points, or 0.3%, and the Nasdaq Composite dropped 0.2%.
Investors had hoped that signs of easing Covid-19 containment measures would allow for China’s economic growth to pick up, also benefiting the global economy. Several Chinese cities had said they would no longer carry out mandatory mass testing and lifted the requirement for residents to show proof of a recent negative test to enter public places.
The rise in Covid-19 infections and the reporting of virus-related deaths for the first time in almost six months have caused investors to worry that China’s normalization could instead be further delayed.
“All eyes are on China,” said Hani Redha, a portfolio manager at PineBridge Investments. “Any attempt to reopen is going to be tricky because we know the pattern with these things: you get a spike in cases. We haven’t even really got going and there are already a lot of cases.”
Restaurant, retailer and Macau casino stocks listed in Hong Kong fell, while liquor makers dragged on the Chinese onshore market. Hot-pot restaurant operator Haidilao International Holding Ltd. and Sands China Ltd. each fell more than 7% in Hong Kong trading. The city’s benchmark Hang Seng Index declined 1.9%. China’s Shanghai Composite edged down 0.4%.............
https://www.wsj.com/articles/global-stoc...eid=yhoof2
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